Tuesday, November 19, 2013

Luxxury Leisure Collection Shares What You Need to Know About Money and Banks in Costa Rica

Luxxury Leisure Collection - Are you ready for a well-deserved vacation in Costa Rica with your family? Are you impatient to arrive as soon as possible to the tropical paradise of Costa Rica? Before you embark on your journey there’s a few key travel tips you need to know. The banking and monetary system of Costa Rica may be different than what you’re used to, so take these cautionary tips to heart.

Even though you will book and pay for your stay to Luxxury Leisure Collection in American dollars, the local official currency is the colon. This currency is worth drastically less than a dollar (see current exchange rates, as fluctuation is possible) but there are many visitor-oriented places throughout the nation that allow you to pay with American currency.

However, if you want to travel to remote areas, you may encounter difficulties in processing your card or using dollars and it is worth the hassle to bring with you some local money. Another option that you may consider is to use traveler’s checks but be aware that only big hotels and some restaurants will accept this payment method.

Luxxury Leisure Collection advises that cash is your best and most reliable option when paying for things. Usually, the fees for the operations made through credit cards are pretty high – 7% and even 9% in some cases – meaning is highly recommended to have enough local currency in your pocket before any shopping or going out. You will find many ATMs around the area and there are also many money exchange houses around the downtown area.

In case that you want to exchange money through public banks, you may need to wait in line for at least 30 minutes and the typical business hours of banks are between 11 am until 4 am from Monday to Friday. Your best bet is to go right when they open, as they get crowded just before lunch time and just before closing. Also be sure to have your photo ID and passport with you for the transaction.